Congressman Jim Hagedorn

@RepHagedorn ↗

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Last Checked April 13, 2021

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Fri Feb 26 17:19:12 +0000 2021

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Congressman Jim Hagedorn @RepHagedorn

My bill provides enhanced flexibility by allowing the use of gross income to calculate maximum loan amount. The bill includes a retroactive provision to enable producers, who initially used net income, to recalculate their #PPPloans, so long as the loans haven't been forgiven. — PolitiTweet.org

Posted Feb. 26, 2021

Preceded By

Congressman Jim Hagedorn @RepHagedorn

The #CARESAct allowed for farmers and ranchers to apply for PPP loans by utilizing net income in their loan calculations. Unfortunately, this prevents many agricultural partnerships from receiving the maximum #PPPloan possible. — PolitiTweet.org

Posted Feb. 26, 2021

Followed By

Congressman Jim Hagedorn @RepHagedorn

Agriculture producers in #MN01 and throughout the nation have suffered a great deal from historic drops in demand and packing plant closures throughout the COVID-19 pandemic. — PolitiTweet.org

Posted Feb. 26, 2021